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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL PRODUCTS
China’s state-owned refineries plan to raise throughput by 11.14% on the month in March to 43.81m mt, according to OilChem.
- CDU capacity utilisation rates are expected to rise by 3.08 percentage points on the month to 80.08%.
- Production of refined products is likely to gather momentum in March. Gasoline production will rise 1.4% on the month to 9.8m mt, diesel is up 19.7% to 11.19m mt, and jet fuel is up 9.64% to 4.85m mt.
- Gasoil production is projected to increase more rapidly amid an increase in outdoor construction projects.
- OilChem said that several state-owned refineries are expecting to carry out maintenance in March and April, including Sinopec Tianjin, Sinopec Tahe, Zhongke Refinery, and CNOOC Bitumen (Sichuan).
Source: OilChem
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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